Epiroc reports mixed Q3 results with strong equipment orders but service weakness By Investing.com
Update: 2025-11-04
Description
Epiroc's latest quarterly results sparked mixed reactions, with strong demand for mining equipment offset by challenges in its service division. Despite robust equipment growth, service orders only grew by 2%, raising concerns about long-term growth. Epiroc generated solid free cash flow but saw profitability slip, with core margin falling to 19%. Analysts note a decline in financial returns, with ROCE now around 20%. Epiroc is pausing acquisitions and focusing on restructuring to boost results by 2026, aiming for a stronger future amid strong mining and construction sectors.
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